Russian Bank Halts All Cash Withdrawals & Russia Bans Bitcoin.

Imagine waking up one Day and finding you have no access to YOUR money. Well it's happening right now.

www.zerohedge.com...
It would appear the fears of a global bank run are spreading. From HSBC's limiting large cash withdrawals (for your own good) to Lloyds ATMs going down, Bloomberg reports that 'My Bank' - one of Russia's top 200 lenders by assets - has introduced a complete ban on cash withdrawals until next week.

www.dailypaul.com...
www.zerohedge.com...

Not to mention the banning of Bitcoin Due to concerns of terrorism. Same ol excuse...use the term terrorism for anything they want to implement or ban. Use it and your agenda is approved.
Have a search on Google. It's all over the place.

I've said this many times:

People put ALL of their money behind three feet of concrete and steel...and they are the only ones without a key. STUPID, STUPID, STUPID!

Many will accept reasons of possible terrorism or like in China..."Systems Upgrade"
...I Do not accept these reasons whatsoever. These are test runs to see what happens on a minor scale in order to prepare for the Global Economic Collapse.

Banks shutting Down...Bankers killing themselves(personally I believe these bankers couldn't live with the knowledge of what's going to happen to millions of people when they have no money. Didn't want to see what they were working for.)

What about Soros, Bernanke etc selling off billions in stocks, trillions of Dollars going offshore by the World elite and let's not forget the military practicing in city streets for civil unrest. Something's coming and it will start with the cutting of cash flow. No money equals no purchasing, no movement etc.

An many are still saying "Here? In America? Nah..."

Go ahead and deny everything but remember one thing. Your Denial is out of fear that it can and will happen. You Don't want to face the truth because it's so big...so impossible...so terrifying. Well...we're all terrified whether we admit it or not.

Being strong in your convictions while noble, Does nothing for your family and friends. This is going to happen. Will you be prepared?

I hope so.

Peace

reply to post by jude11


Has it ever been our money? I'm not so sure.

I wonder what could lead me to have trust in a bank one day... oh yeah that's right, nothing.

My father told me so many times in my lifetime to make money investment and even if he is right, I can't stop saying to myself how huge are the chances the market collapses in the next few years.

So why should I care?

China, russia.....what next? Collapse imminent......grab your bob

reply to post by jude11


It has been extremely alarming all the different articles coming out showing this. It is some I have followed alot for the past year as I was looking into becoming an expat for the 3rd time and I noticed alot starting with wire transfers being stopped to other things....now this.

I will say I have been able to recently take out 2 large sums of money for purchases with no questions asked. I use a smaller local bank and they didnt seem odd at all. Both amounts drawn I thought would register some kind of smart ass remark or question but surprisingly nothing. I am in the usa so hopefully it stays this way ...atleast with my bank.

reply to post by jude11


And this is why i live in a walmart parking lot

And ( hopefully) will be working there also

So when shtf i want have to go far for my supplies

While the sheep are stuck in traffic

Ill be loading up

If and when it does happen i wish you all the best

Another_Nut
reply to post by jude11

 

And this is why i live in a walmart parking lot

And ( hopefully) will be working there also

So when shtf i want have to go far for my supplies

While the sheep are stuck in traffic

Ill be loading up

If and when it does happen i wish you all the best

Remember one thing...

While you run to the Doors, so will a thousand others. And many will be armed.

Just saying.

Peace

reply to post by Another_Nut

I know some hams in california that gave up their homes for vehicles and live in walmart parking lots.

Looking better and better every day. Maybe an rv i can armor up and make it a bunker on wheels

This whole thing is making me wonder. What is the big deal behind halting the banks?

cosmicexplorer
reply to post by jude11

 

It has been extremely alarming all the different articles coming out showing this. It is some I have followed alot for the past year as I was looking into becoming an expat for the 3rd time and I noticed alot starting with wire transfers being stopped to other things....now this.

I will say I have been able to recently take out 2 large sums of money for purchases with no questions asked. I use a smaller local bank and they didnt seem odd at all. Both amounts drawn I thought would register some kind of smart ass remark or question but surprisingly nothing. I am in the usa so hopefully it stays this way ...atleast with my bank.

I would take it all out and buy gold and silver along with some supplies...just in case.

The bank isn't paying anything worthwhile anyway. Better safe than sorry.

Peace

reply to post by jude11

I agree, it dosn't matter if you keep your money in the bank or under the pillow, if the economy collapse people will luagh at you for trying to buy bread with paper.

Tradeable items are the only thing that will be worth anything.

reply to post by jude11

'My Bank' - one of Russia's top 200 lenders by assets - has introduced a complete ban on cash withdrawals until next week.

Mind I'm not saying this isn't bad but needs to be taken in perspective with other events (like the BitCoin ban.)

This is 1 of the 200 top banks by assets. By assets they are talking about things the bank owns, like your deposits. Yes they own your deposits once you put it in the bank. You are a creditor of the bank, they give you IOU's (deposit receipts.)

With that in mind this bank looks to have a liquidity shortfall that will take a week to cover (supposedly.) If it begins to spread to other banks look out. If not and they get an infusion of cash this will blow over (until next time.) Best bet get your money to a safe place now while you can.

Who cares if Russia bans it whats the difference?

Its a peer to peer network.

onequestion
Who cares if Russia bans it whats the difference?

Its a peer to peer network.

I hear you there. Plenty of ways to bypass that.

reply to post by jude11


Anyway the money we use now don't even worth any gram of gold, it's only pieces of paper that we trust and THINK that really worth something.

Just a beta test as they look for a reason to make the world a cashless society.

You don't consent to that, huh? Well then, soon we'll either be in the woods, in the jails or in the ground. Goddamn I hope I'm wrong.

reply to post by jude11


Will you be prepared?

The American Citizens are safe......
See below contents of Department of Homeland Security Bug-Out-Bag in case of martial law, incase of financial meltdown and consequential global social and economic train-wreck.....

1. 1.6 Billion rounds of ammo, including hollow-point bullets.

2. 2717 Retro-fitted Navistar Defence armoured vehicles.

3. 7000 full-auto assault rifles.

4. FEMA Camps.

5. Everyones food and water.

See, you have nothing to worry about, everything will be fine.

/sarc.

reply to post by Sublimecraft


Sadly I believe that the end of the world as we know is coming faster everyday, everything will blow in a couple of years

Keradith
reply to post by Sublimecraft

 

Sadly I believe that the end of the world as we know is coming faster everyday, everything will blow in a couple of years

I have a gut feeling that it's going to be quicker than a couple of years.

Months? Weeks? I Don't know.

Peace

reply to post by jude11

I have 100 feet

They have miles and miles

And they have to fight traffic and each other and the gov

I think ill be ok

Eta actually the way life has been going i would probably fare better in that situation

Being homeless and poor for so long means i will survive while others are learning the ropes of a society in ruins

Count me as someone who hopes for the moment

Sublimecraft
reply to post by jude11

 

Will you be prepared?

The American Citizens are safe......
See below contents of Department of Homeland Security Bug-Out-Bag in case of martial law, incase of financial meltdown and consequential global social and economic train-wreck.....

1. 1.6 Billion rounds of ammo, including hollow-point bullets.

2. 2717 Retro-fitted Navistar Defence armoured vehicles.

3. 7000 full-auto assault rifles.

4. FEMA Camps.

5. Everyones food and water.

See, you have nothing to worry about, everything will be fine.

/sarc.

Yup,

A lot of people are not putting 2 + 2 together.

Everything you list is the truth but many still deny while it's staring them in the face.

I just can't understand. As I mentioned...fear of realization is what's happening to the majority.

Peace